The future price trend of Pi coin is highly anticipated. Currently, among the various exchanges where Pi coin is listed, its circulating supply is about 200 million coins. In the days right after Pi coin was launched on February 20, the over-the-counter trading price was around $1.6 - $1.7, and many investors entered the market at this price, thus providing a certain level of support. If the price falls below this range, the next key support level will be the price before the official announcement of Pi coin's launch on February 12, which was $0.56, where a large volume of trades occurred, indicating a strong support level.
From the overall coin volume perspective, the currently mapped total coin volume has reached over 6 billion, with about 1.6 billion in circulation, and the remaining 4 billion is locked up, making the available coin supply relatively limited. From a price analysis perspective, it appears that the current price of Pi coin is being deliberately suppressed by institutions, possibly with the aim of accumulating more coins.
Additionally, according to relevant news, Pi coin may welcome favorable news regarding ecological development and the launch of more exchanges in the future. Considering these factors, the future price trend of Pi coin is full of uncertainties and is worth continuous attention.#pi
#pi finally sees a normal person. Some sc always talk about how much mapping, without looking at how much is currently circulating (1.8 billion). Now, just considering the current circulation of 2 billion, at the current price of 0.57 per coin, its actual market value is only about 1.1 billion USD, and the displayed 4 billion is seriously overvalued. This is a tactic of the market makers, a form of false advertising. In fact, according to the current mapping volume, even reaching 10 USD per coin is not high. At its peak, the daily trading volume of Pi was over 1 billion USD, but in the last couple of days, the lowest daily trading volume was only over 10 million USD, which is only 1% of its peak period. With such a low market value and still dropping, the less trading volume it has, the more it falls. This is completely the market makers intentionally crashing the price. The current total market value is only 1 billion USD, while the core of mobile mining has over 700 million USD, but the number of Pi users and this level of popularity is not comparable to core. This is entirely these market makers intentionally driving down the price. A couple of days ago, there was a very strange piece of data. One day, the daily trading volume of just Pi was over 1 billion USD, which means that the circulating coin amount on that day was about 3 billion. However, not long ago, the true mapping amount that could actually circulate was less than 1.7 billion Pi, and many of them were not even on exchanges. Yet the trading volume was so high; isn't this market makers intentionally trading left hand to right hand? What are they doing? Deliberately creating a false impression, with a long upward wick, and a significant selling pressure above, for retail investors to see. Now many people are worried that Pi has not fully opened source or that the monthly mapping amount is large. But against such a large traffic and user base, these are small issues. A casual meme coin can have a market value of over 10 billion, while Pi's current market value is only 1 billion. Just consider it as a meme; it is not just this market value. Take Dogecoin and Shitcoin, Pepe, etc., most of them have market values in the billions. Is Pi not better than them? Right now, the market makers are deliberately seizing chips from retail investors. For these capital market makers, after six years, they have no goods in hand, and now they are suppressing and seizing from retail investors.
A few days ago, #pi mentioned at 0.65 that the whale specified this operation. Just a minute ago, it dropped a full 8 points and then quickly surged. There has been no volume for the past two days, with daily trading volume around 15 million U, which is nearly 100 times less compared to the peak of 1 billion U, yet it still experienced a significant drop. The whale is doing this intentionally, cutting retail investors in various ways. The current market cap of pi is shown as 4 billion U, compared to the 700 million U of core, which is six times that. Based on the user traffic foundation of pi and its current technology and ecosystem, which are completely not open, this market cap is clearly overvalued. Its true value should be around 2 billion. Considering this price level, the final lowest point of pi should be around 0.3. It recently fell to around 0.6 and stopped dropping, creating a false impression of a bottom. Many retail investors are also going long at this position, with a long to short ratio of 64:36. In the past two days, there has been a rapid drop with no volume, as the whale intentionally smashed the market to liquidate longs. With the start of the Toronto conference, after the longs are finished, there will be a big surge.
Breaking News: The new game app - Fruity Pi is now live on the #PiNetwork mainnet ecosystem! Just played this super fun casual game developed by Canada's top game development studio The Article 19 Group through the Pi Browser. They have made games for companies like Nintendo, Adobe, MTV, Disney, and more! I've tried it out 😜😍😜😍 can't get enough #pi
Just now, all the pi contracts bought on Zhima suddenly went to zero. Whether long or short, many users consulted customer service, but the customer service did not respond. The Zhima dog dealer directly dumped the coins of pi accounts, aggressively inserting needles. Everyone should hurry and go to big exchanges like Binance; the dog dealer is about to flip the table and run away. Previously, the bg exchange shamelessly rolled back, and now Zhima directly flips the table to zero. Users should uninstall such shameless exchanges; Binance is the best.
Just now, all the pi contracts bought on Zhimazhou suddenly went to zero. Whether going long or short, many users consulted customer service, but they were ignored. First, there was a reverse rollback at bg exchange, and then Zhimazhou went down directly. The operations of the exchanges are very concerning, it’s even worse than a casino. To be honest, I’ve been in the crypto space for four to five years, and the only times I've seen money come in 💰, the records of withdrawals in these years are very few. These market manipulators don’t let you leave even if you make money, they just pull the plug and run away #pi
Bitget's recent actions are simply outrageous🤯 Are they determined to push users away?! Although OKX has also had rollback operations before, it's never been this ridiculous 😂 This isn't an exchange; it clearly looks like a casino that just wants to give up and let it all go to waste 🤣 In the eyes of certain exchanges, the money users invest is basically their own pocket money. Want them to give it back? No chance 😤
It reminds me of the time when Shenzhen was full of such exchanges, solely relying on taking money from users while making a fortune, with commission rates that were shockingly high. To put it bluntly, it's a bottomless pit for harvesting users. The number of users who can actually make money is very few. I remember there was a Watt exchange that was crazily recruiting salespeople to bring in new users; it was quite a scene 🤔 #pi
Who is this????Everyone take a look, compare it, it's like having x-ray vision, you can predict the exact decimal point, what insider information is this???Really amazing……#pi
On March 2, the price of Pi Network was at 2U. Based on my analysis of market trends, historical prices, and trading volumes, I predict it will stop falling in the range of 1.6 - 1.7U, and subsequently look towards the key support level around 0.56U. The market trend aligns closely with my prediction; the price fell to a minimum of 1.6U, then showed a false breakout upwards, followed by a continuous decline without any pullback. On April 5, the price of Pi Network fell to its lowest point and then rebounded. As the price approached 0.56U, market data clearly showed an exponential increase in contract positions, with a large number of investors bottom-fishing at this price level. #pi
On March 2, when the price of Pi Network was at 2U, I built a price prediction model through comprehensive analysis of its historical price trends, market supply and demand conditions, and trading volume dynamics, combined with technical indicators such as moving averages and the relative strength index (RSI), accurately determining that it would find support in the range of 1.6 - 1.7U. This prediction was based on a summary of the price fluctuation patterns in similar situations in the past cryptocurrency market, as well as an in-depth analysis of the capital flow and trading activity of Pi Network in different price ranges. It turned out that the subsequent market trend closely matched my prediction, with the price stabilizing and forming a significant support level in that range. After that, I further considered market sentiment, selling pressure intensity, and potential news impacts, accurately deducing that the next key support level would be around 0.56U. On April 5, the price of Pi Network rebounded from the bottom, and data from trading platforms showed that the contract positions grew exponentially around 0.56U, with a large number of investors buying the dip. This once again confirmed the foresight and accuracy of my market trend judgment. #pi
On March 2 last month, when the price was hovering around 2, I had predicted that after stabilizing at around 1.6, if it continued to fall, it would have strong support around 0.5. Today, after a huge wave of suppression, the lowest price reached 0.4, and then rebounded. On March 2, 7 billion generals were mapped, and the amount available for circulation on the market was 1.6 billion. Later, they were unlocked one after another. The trading volume almost shrank some time ago, but the volume-price relationship in the past three days has suddenly dropped, and the volume is getting bigger day by day, and the decline is getting more and more fierce... There is a suspicion of deliberate suppression of prices #pi
🈹🈹🈹 TianTi Exchange: A Carefully Packaged "Harvesting Scam"?
Risk Warning Report on the TianTi Exchange's Suspected Systematic Financial Fraud
Recently, the TianTi Exchange, led by Yu Lingxiong, has attracted widespread attention. According to investigations by professional institutions, the platform has been confirmed as a typical complex financial fraud platform, with its operational model deeply integrating telecommunications fraud and pyramid scheme mechanisms, posing significant legal and financial risks. Detailed analysis as follows:
I. Violations of the Core Operating Entity's History The founder of the platform, Yu Lingxiong, has been placed on the wanted list by judicial authorities for allegedly organizing and leading pyramid schemes. He previously evaded capture after illegally raising over 10 billion yuan through cryptocurrency projects such as "Wanxiang Coin" and "Gold Coin," which lacked actual value support. This time, relying on Southeast Asian telecommunications fraud forces, he lured victims with false promises such as "register and receive $100" and "expected 200 times increase" to implement a new round of capital fraud.
I mentioned during the big drop in the morning that a significant decline might actually be the best opportunity. In this cryptocurrency circle, 98% of people are just retail investors, too scared to buy when prices fall. They chase after prices when they rise. This chasing after gains and selling on dips is something you all do so well, running off with institutional money. When prices rise too much, you want them to drop again. Just a few days ago, when Pi reached 2.8 USD, retail investors were too scared to buy; back then, they were shouting that if it dropped to 0.8, they would go all in. Now, regretting not buying at 0.8-1 USD just a couple of days ago, when it really drops to this level, they panic again, saying it’s going to zero, going to zero, cursing and cutting losses to exit. All I can say is that this is the fate of a bunch of idiots. If you shrink back during a 90% decline in the harsh winter, how can you expect to welcome the scorching summer of 10x or 100x growth? How can you talk about having control over a life of financial freedom.
With a large number of unlocks happening now, retail investor sentiment is extremely panicked, accompanied by various messages and statements: it's about to crash, people are planning to run away, this project has failed, it's going to zero, it's going to 0.0001. In this situation, it might actually be the best time to buy the dip. After March 23, there may be a rally. After a large number of unlocks end on March 23, there may be a significant upward movement. Right now, before March 23, there will be a new low, causing greater panic #pi
It was mentioned last night that the reason pi is not listed on Binance is not because of its poor liquidity, but rather some remnants of naos doing blind analysis for traffic, claiming that the reason for not being on Binance is due to its poor unlocked liquidity. Now, 21 million are unlocked daily, over 20 million, over 10 million; with this improved liquidity, can it be listed now? #pi
From the chart, it can be seen that on the 21st, there was nearly 20 million PI unlocked, and today there has been a large amount of selling pressure. On the 22nd and 23rd, nearly 12 million was unlocked daily, resulting in significant selling pressure. On March 2nd, I mentioned that at that time, before any unlocks, with a circulating supply of 1.7 billion, there would be support around 1.6. After hovering around 1.6 for a few days, it made a false breakout upwards, breaking 1.7, and the situation has been declining since then. The next support level to watch is around 0.5. If this level cannot hold, it will definitely break below 0.1.